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s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first two years in office were a catastrophe and in fa
that divided government has sometimes done very important things for the country. think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john corn andyn of texas. >> -- senator john cornyn of texas. >> is an honor to serve as the assistant leader on the republican side. we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solve the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward. there is no mystery about that, nor is
Search Results 0 to 2 of about 3 (some duplicates have been removed)